Northland Power Inc. (TSE:NPI - Get Free Report) Director Eckhardt Guenter Ruemmler acquired 890 shares of the company's stock in a transaction dated Friday, June 27th. The shares were bought at an average price of C$21.48 per share, for a total transaction of C$19,120.10.
Northland Power Stock Performance
TSE NPI traded down C$0.03 on Monday, hitting C$21.37. 563,707 shares of the stock traded hands, compared to its average volume of 961,417. The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17. The business's fifty day moving average is C$20.32 and its two-hundred day moving average is C$19.07. Northland Power Inc. has a 12 month low of C$16.14 and a 12 month high of C$24.74. The firm has a market capitalization of C$5.61 billion, a price-to-earnings ratio of -39.15, a PEG ratio of 0.71 and a beta of 0.47.
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. Cormark lowered Northland Power from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. National Bank Financial upgraded shares of Northland Power to a "strong-buy" rating in a report on Sunday, June 8th. Finally, Scotiabank upgraded shares of Northland Power from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from C$25.00 to C$26.00 in a report on Thursday, May 22nd. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$27.08.
Check Out Our Latest Report on Northland Power
Northland Power Company Profile
(
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Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term.
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